"The Domains of the Day" - Business Week Article

[jasdon11]

...

 

[.h2o.]

"Instead of flooding a site with pay-per-click ads and flipping the domain for a quick profit, they're trying to develop real businesses that will sell for much more."

 

[NetworkMsia]

They bought control of beer.com for $80,000 in 1998 and built an audience for the site by giving out free e-mail addresses and having fans rate different brews. Less than a year later, they sold it for $7 million to Interbrew, a beer company. The pair then bought creditcards.com for $100,000 in 2003, created a comparison site for credit-card offers, and sold it to a private equity buyer for $2.8 million in 2004. Now that it's valued by some at several hundred million dollars, they admit to selling too soon.

wow, these are really simple development, and reap lots of profits!

 

[Acquisition]

Someone on this board here brokered SEM.com to these same guys for $5 Million (including incentives) last year. Search for the name here at dnf and you'll see.

They just updated the sem site recently and developed that too.

 

[imneazmh]

yup... good one. Thanks for your contribution.

 

[Dale Hubbard]

The chocolate.com site is one of the best-designed sites I've seen. Kudos to those guys. Theo - time to develop yours